Haivision Systems (TSE:HAI) Trading Up 0.7% – Should You Buy?

Haivision Systems Inc. (TSE:HAI) was up 0.7% on Tuesday . The stock traded as high as C$4.53 and last traded at C$4.46. Approximately 22,944 shares traded hands during trading, a decline of 63% from the average daily volume of 61,262 shares. The stock had previously closed at C$4.43.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HAI shares. Canaccord Genuity Group lowered Haivision Systems from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$7.00 to C$5.50 in a research report on Thursday, January 16th. Acumen Capital cut Haivision Systems from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$7.00 to C$5.25 in a report on Thursday, January 16th.

Haivision Systems Trading Up 0.7 %

The company has a market cap of C$126.39 million, a P/E ratio of 27.65 and a beta of 0.58. The firm’s 50 day moving average is C$5.06 and its two-hundred day moving average is C$5.12. The company has a quick ratio of 0.85, a current ratio of 1.70 and a debt-to-equity ratio of 10.61.

Insiders Place Their Bets

In other Haivision Systems news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$4.80, for a total transaction of C$38,400.00. Company insiders own 40.74% of the company’s stock.

Haivision Systems Company Profile

Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.